Howmet Aerospace Inc.
Howmet Aerospace Inc. (NYSE: HWM) is trading at $227.64, about ₹21,867 at today's USD/INR rate, as of 30 Sep 2026, 9:56 AM ET, down 1.43% today. Indian residents can buy Howmet Aerospace from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$226.02
Today's high
$231.69
52 week low
$183.83
52 week high
$310.00
HWM opened at $231.69, closed previously at $230.94, and has traded between $183.83 and $310.00 over the past 52 weeks.
About
Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, and originally established in 1888 as Arconic Inc., is a global leader in providing sophisticated engineered solutions. The company caters to the aerospace and transportation sectors across a wide international footprint, including key markets such as the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, and China. Its business operations are structured into four main segments: Engine Products: This division manufactures critical components like airfoils and seamless rolled rings, primarily utilized in aircraft engines and industrial gas turbines, alongside various rotating and structural parts. Fastening Systems: This segment specializes in producing aerospace-grade fastening systems, as well as fasteners for commercial transportation, general industrial applications, and other uses. Engineered Structures: Responsible for supplying titanium ingots and mill products for aerospace and defense applications, this segment also provides aluminum and nickel forgings, and precision machined components and assemblies. Forged Wheels: This segment focuses on offering forged aluminum wheels and associated products specifically for the heavy-duty truck and commercial transportation markets.
Key statistics
Avg. volume
2.93M
Market cap
$91.08B
P/E Ratio
48.75
Price-to-sales ratio
9.99
Enterprise value
$85.14B
Free cash flow yield
1.73%
Debt-to-equity ratio
0.79
Return on equity
28.17%
ROIC
18.19%
Beta
1.19
Dividend yield
0.22%
Last dividend
$0.50
Financial overview
Revenue
$8.25B
Earnings per share
$3.73
Free cash flow
$1.43B
Net profit margin
20.52%
Gross margin
34.44%
EBITDA
$2.27B
Revenue growth
11.06%
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This is not an investment recommendation
How to buy Howmet Aerospace from India
Indian residents can buy Howmet Aerospace shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Howmet Aerospace and place an order
Find Howmet Aerospace by name or by its ticker, HWM, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Howmet Aerospace trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Howmet Aerospace position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Howmet Aerospace from India
Trading and taxes when buying Howmet Aerospace from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Howmet Aerospace’s current yield is 0.22%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Howmet Aerospace stock?
Yes. Howmet Aerospace (HWM) has been listed on the New York Stock Exchange since 2016, in the Aerospace & Defense industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Howmet Aerospace share cost in rupees?
One Howmet Aerospace share is $227.64 — about ₹21,867 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Howmet Aerospace price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Howmet Aerospace from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy Howmet Aerospace with less than the price of one share?
Yes. A whole Howmet Aerospace share is $227.64, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Howmet Aerospace shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Howmet Aerospace price. Paasa issues a capital-gains statement for your return.
Does Howmet Aerospace pay a dividend, and how is it taxed in India?
Yes. Howmet Aerospace pays a dividend and the current yield is 0.22%; the last declared dividend was $0.50 per share, about ₹48.03. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Howmet Aerospace from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Howmet Aerospace shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Howmet Aerospace shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Howmet Aerospace holding, its cost and its closing value.
How do I sell Howmet Aerospace and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.